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Contempo Futon manufactures futons. The estimated number of sales for the last quarter of 2008 is as follows: Month Sales Units October 20,000 November 30.000
Contempo Futon manufactures futons. The estimated number of sales for the last quarter of 2008 is as follows: Month Sales Units October 20,000 November 30.000 December 30,000 Inventory policy states that the beginning finished goods inventory should be equal to 30 percent of that month's budgeted sales units plus 10 percent of the following month's budgeted sales units. January and February 2009 sales are anticipated to be 15,000 futons in each month. The cost to produce a futon is $125. What should be the number of futons Contempo Futon budgets to be produced in November? 30,000 futons 25,500 futons 28.500 futons 34,000 futons none of above ti nnnn
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